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Japanese (NIKKEI) Residential REITs Industry Analysis

UpdatedNov 21, 2024
DataAggregated Company Financials
Companies6
  • 7D1.0%
  • 3M-8.6%
  • 1Y-8.7%
  • YTDn/a

Over the last 7 days, the Residential REITs industry has remained flat, although notably Kenedix Residential Next Investment declined by 5.5%. Unfortunately though, the industry is down 8.4% over the past 12 months. Earnings are forecast to be flat in the coming years.

Industry Valuation and Performance

Has the Japanese Residential REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Nov 2024JP¥1.3tJP¥123.7bJP¥52.2b26.5x25.1x10.6x
Sat, 19 Oct 2024JP¥1.4tJP¥123.7bJP¥52.2b27.2x26x10.9x
Mon, 16 Sep 2024JP¥1.5tJP¥128.7bJP¥54.4b24.9x26.7x11.3x
Wed, 14 Aug 2024JP¥1.4tJP¥128.7bJP¥54.4b25x26.3x11.1x
Fri, 12 Jul 2024JP¥1.4tJP¥128.7bJP¥54.4b24.7x26x11x
Sun, 09 Jun 2024JP¥1.4tJP¥128.7bJP¥54.4b24.7x26x11x
Tue, 07 May 2024JP¥1.5tJP¥127.0bJP¥53.1b27.6x28.5x11.9x
Thu, 04 Apr 2024JP¥1.4tJP¥126.6bJP¥52.8b26.2x27.1x11.3x
Sat, 02 Mar 2024JP¥1.3tJP¥126.2bJP¥52.6b24.2x25x10.4x
Mon, 29 Jan 2024JP¥1.7tJP¥146.3bJP¥61.7b24.8x26.8x11.3x
Wed, 27 Dec 2023JP¥1.6tJP¥146.8bJP¥61.8b24.8x25.8x10.9x
Fri, 24 Nov 2023JP¥1.7tJP¥146.1bJP¥61.2b27.1x27x11.3x
Sun, 22 Oct 2023JP¥1.7tJP¥143.9bJP¥61.2b27.2x27.2x11.6x
Tue, 19 Sep 2023JP¥1.7tJP¥143.2bJP¥60.6b27.2x28.1x11.9x
Thu, 17 Aug 2023JP¥1.7tJP¥141.3bJP¥59.8b27.5x27.8x11.8x
Sat, 15 Jul 2023JP¥1.7tJP¥141.5bJP¥59.8b27.2x29x12.2x
Mon, 12 Jun 2023JP¥1.7tJP¥139.6bJP¥59.2b27.7x29.2x12.4x
Wed, 10 May 2023JP¥1.7tJP¥139.8bJP¥59.2b28x29x12.3x
Fri, 07 Apr 2023JP¥1.6tJP¥137.8bJP¥58.0b27.2x28x11.8x
Sun, 05 Mar 2023JP¥1.6tJP¥136.6bJP¥57.3b27.3x28x11.8x
Tue, 31 Jan 2023JP¥1.6tJP¥136.6bJP¥57.3b26.8x27.5x11.5x
Thu, 29 Dec 2022JP¥1.6tJP¥136.6bJP¥57.3b27.9x28.4x11.9x
Sat, 26 Nov 2022JP¥1.7tJP¥136.6bJP¥57.1b29x29.3x12.3x
Mon, 24 Oct 2022JP¥1.6tJP¥136.0bJP¥57.0b26.6x27.9x11.7x
Wed, 21 Sep 2022JP¥1.8tJP¥135.7bJP¥56.7b28.7x30.9x12.9x
Fri, 19 Aug 2022JP¥1.8tJP¥134.8bJP¥57.1b28.9x30.7x13x
Sun, 17 Jul 2022JP¥1.7tJP¥124.0bJP¥52.2b29.8x33.4x14.1x
Tue, 14 Jun 2022JP¥1.7tJP¥123.3bJP¥51.7b31.7x33.2x13.9x
Thu, 12 May 2022JP¥1.7tJP¥121.9bJP¥51.1b30.4x32.6x13.7x
Sat, 09 Apr 2022JP¥1.6tJP¥112.9bJP¥47.8b30.1x32.5x13.8x
Mon, 07 Mar 2022JP¥1.5tJP¥124.2bJP¥53.6b26.4x27.6x11.9x
Wed, 02 Feb 2022JP¥1.5tJP¥122.9bJP¥52.5b26.5x28.1x12x
Fri, 31 Dec 2021JP¥1.6tJP¥122.9bJP¥52.5b28.9x31.2x13.3x
Sun, 28 Nov 2021JP¥1.6tJP¥122.9bJP¥52.8b27.9x29.7x12.8x
Price to Earnings Ratio

29.7x


Total Market Cap: JP¥1.6tTotal Earnings: JP¥52.8bTotal Revenue: JP¥122.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Japanese Residential REITs Industry Price to Earnings3Y Average 28.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Japanese Residential REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 25.0x which is lower than its 3-year average PE of 28.5x.
  • The 3-year average PS ratio of 12.0x is higher than the industry's current PS ratio of 10.5x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Residential REITs industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does Japanese Residential REITs compare with similar industries?

JP Market-0.44%
Real Estate0.31%
REITS1.20%
Residential REITs1.04%
Office REITs1.34%
Diversified REITs1.20%
Healthcare REITs0.95%
Hotel and Resort REITs0.88%
Industrial REITs0.81%
Retail REITs0.17%
Specialized REITs0%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
3226 Nippon Accommodations FundJP¥591.00k1.4%
+JP¥4.0b		-3.0%PB2x
3269 Advance Residence InvestmentJP¥298.60k0.5%
+JP¥2.3b		-8.8%PB1.7x
3282 Comforia Residential REITJP¥293.30k0.5%
+JP¥1.2b		-7.2%PB1.5x
8986 Daiwa Securities Living InvestmentJP¥90.80k0.6%
+JP¥1.2b		-16.4%PB1.2x
8979 Starts Proceed InvestmentJP¥172.60k0.5%
+JP¥254.2m		-15.8%PB1x
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Latest News

3282

JP¥293,300.00

Comforia Residential REIT

7D

0.5%

1Y

-7.2%

8979

JP¥172,600.00

Starts Proceed Investment

7D

0.5%

1Y

-15.8%

3226

JP¥591,000.00

Nippon Accommodations Fund

7D

1.4%

1Y

-3.0%

3269

JP¥298,600.00

Advance Residence Investment

7D

0.5%

1Y

-8.8%

8986

JP¥90,800.00

Daiwa Securities Living Investment

7D

0.6%

1Y

-16.4%

3459

JP¥91,100.00

Samty Residential Investment

7D

0.2%

1Y

-16.5%

3278

JP¥210,500.00

Kenedix Residential Next Investment

7D

-5.5%

1Y

-1.5%